FT offers-compensation
What are people seeing? Any banks paying over 70 base to 1st years?
Base: 70 Sign: 15
this is at a BB
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BB IBD
Base: 70 sign: 10
BB IBD:
70 base 10 sign on
Just my 2c.
when does one normally get the sign on? Say you are starting in early July, when will you get the 10-15k? (or do you normally start in June?)
BB IBD: $70,000 base, $10,000 signing, $2,500 early signing
I got 70+10 as well.
Fellow monkeys,
Does someone know numbers in Moscow? Premium / discount to USA BB compensations?
Thanks!
HK BB:
$70,000 (more or less depending on currency fluctuations) $10k lump payment $20,000HKD/month housing stipend (~$2500usd/month)
Aren't our ridiculously high salaries supposed to be used for rent? Why the huge stipend?
What are associate FT comp offers like?
That's absolutely crazy... do you not get much of a bonus or something?
ibhopeful, can i know which BB that is? i heard ml cancelled their housing stipend this year
i think hk bonus are pretty high too, from my limited sources, you get paid pretty much the same level of bonus (at least at the junior levels). coupled in with the low tax ~17% (if you are not a US citizen) gives you a pretty damn good deal.
70+10 at a BB, signing bonus paid in march for a july start
Yeah, HK and Singapore give you housing stipends for 2.5K a month. It's a sweet deal actually.
some hk firms have cancelled their housing bonus, confirmed.
Same for BB S&T HK. No housing in SG either I believe..
word on the street is, the firms who don't pay the housing bonus will pay a higher year end bonus to make that number look better.
60 + 10 at BlackRock
Sub-standard pay?
AM firms normally pay less
I suppose.
However, I have heard from friends at BB AM divisions that are receiving 70+10 (GSAM and JPAM in particular).
GSAM and JPAM are AM divisions in BBs, not AM firms.
70K +10K Sign on as well BB
hey clueless banking, do you know which firms cancelled their housing? does that apply to all the levels from analyst to mds?
I dont know where you guys are hearing your hk stipend numbers but i have confirmed ML, MS, GS, Nomura-Lehman, have all canceled stipends since end of 08. This is for the junior levels. Senior levels depending on place / status have diff packages - from schooling to housing etc.
BB IBD - 70k base, 10k sign on (to be received in April-May, ostensibly for relocation).
Also, friend who just signed with boutique will be getting 70k base, 15k sign on.
Which BB are giving 15k sign on, and which ones are giving early signing bonus?
I heard Blackrock is now offering 70+10 signing, right up there with the rest.
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